Myt Netherlands Parent Stock Beta
| MYTE Stock | USD 7.02 0.21 2.90% |
MYT Netherlands Parent fundamentals help investors to digest information that contributes to MYT Netherlands' financial success or failures. It also enables traders to predict the movement of MYT Stock. The fundamental analysis module provides a way to measure MYT Netherlands' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MYT Netherlands stock.
MYT | Beta |
MYT Netherlands Parent Company Beta Analysis
MYT Netherlands' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current MYT Netherlands Beta | 0.99 |
Most of MYT Netherlands' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MYT Netherlands Parent is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MYT Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for MYT Netherlands is extremely important. It helps to project a fair market value of MYT Stock properly, considering its historical fundamentals such as Beta. Since MYT Netherlands' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MYT Netherlands' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MYT Netherlands' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, MYT Netherlands Parent has a Beta of 0.986. This is 17.38% higher than that of the Textiles, Apparel & Luxury Goods sector and 33.38% lower than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
MYT Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MYT Netherlands' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MYT Netherlands could also be used in its relative valuation, which is a method of valuing MYT Netherlands by comparing valuation metrics of similar companies.MYT Netherlands is currently under evaluation in beta category among its peers.
MYT Netherlands Current Valuation Drivers
We derive many important indicators used in calculating different scores of MYT Netherlands from analyzing MYT Netherlands' financial statements. These drivers represent accounts that assess MYT Netherlands' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MYT Netherlands' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.4B | 2.0B | 813.5M | 410.1M | 471.6M | 448.0M | |
| Enterprise Value | 2.6B | 1.9B | 722.0M | 444.7M | 511.4M | 485.9M |
MYT Netherlands ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MYT Netherlands' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MYT Netherlands' managers, analysts, and investors.Environmental | Governance | Social |
MYT Netherlands Institutional Holders
Institutional Holdings refers to the ownership stake in MYT Netherlands that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of MYT Netherlands' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing MYT Netherlands' value.| Shares | Gagnon Securities Llc | 2024-09-30 | 12.7 K | Sei Investments Co | 2024-06-30 | 11.1 K | Bank Of America Corp | 2024-06-30 | 3.7 K | Compagnie Lombard, Odier Sca | 2024-09-30 | 1000 | Rhumbline Advisers | 2024-06-30 | 835 | Ameliora Wealth Management Ltd. | 2024-09-30 | 300 | Royal Bank Of Canada | 2024-06-30 | 165 | Qube Research & Technologies | 2024-06-30 | 32.0 | Principal Securities Inc | 2024-09-30 | 32.0 | Sylebra Capital Llc | 2024-09-30 | 3.9 M | Portolan Capital Management, Llc | 2024-06-30 | 1.4 M |
MYT Netherlands returns are very sensitive to returns on the market. As the market goes up or down, MYT Netherlands is expected to follow.
MYT Fundamentals
| Return On Equity | -0.0567 | ||||
| Return On Asset | -0.0083 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 685.94 M | ||||
| Shares Outstanding | 85.27 M | ||||
| Shares Owned By Insiders | 79.35 % | ||||
| Shares Owned By Institutions | 18.55 % | ||||
| Number Of Shares Shorted | 373.58 K | ||||
| Price To Book | 1.39 X | ||||
| Price To Sales | 0.73 X | ||||
| Revenue | 840.85 M | ||||
| Gross Profit | 382.59 M | ||||
| EBITDA | (6.74 M) | ||||
| Net Income | (24.91 M) | ||||
| Cash And Equivalents | 113.92 M | ||||
| Cash Per Share | 1.35 X | ||||
| Total Debt | 49.77 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 2.56 X | ||||
| Book Value Per Share | 5.11 X | ||||
| Cash Flow From Operations | 10.02 M | ||||
| Short Ratio | 0.45 X | ||||
| Earnings Per Share | (0.45) X | ||||
| Price To Earnings To Growth | 1.11 X | ||||
| Target Price | 5.37 | ||||
| Number Of Employees | 1.82 K | ||||
| Beta | 0.99 | ||||
| Market Capitalization | 616.47 M | ||||
| Total Asset | 696.51 M | ||||
| Retained Earnings | (112.77 M) | ||||
| Working Capital | 225.28 M | ||||
| Net Asset | 696.51 M |
About MYT Netherlands Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MYT Netherlands Parent's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MYT Netherlands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MYT Netherlands Parent based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether MYT Netherlands Parent is a strong investment it is important to analyze MYT Netherlands' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYT Netherlands' future performance. For an informed investment choice regarding MYT Stock, refer to the following important reports:Check out MYT Netherlands Piotroski F Score and MYT Netherlands Altman Z Score analysis. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MYT Netherlands. If investors know MYT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MYT Netherlands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.91) | Earnings Share (0.45) | Revenue Per Share 9.687 | Quarterly Revenue Growth 0.104 | Return On Assets (0.01) |
The market value of MYT Netherlands Parent is measured differently than its book value, which is the value of MYT that is recorded on the company's balance sheet. Investors also form their own opinion of MYT Netherlands' value that differs from its market value or its book value, called intrinsic value, which is MYT Netherlands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MYT Netherlands' market value can be influenced by many factors that don't directly affect MYT Netherlands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MYT Netherlands' value and its price as these two are different measures arrived at by different means. Investors typically determine if MYT Netherlands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYT Netherlands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.